Axis Balanced Advantage Fund completes seven years, offers 11% CAGR since inception

Launched in August 2017, the scheme has delivered a 13.51% compounded annual growth rate (CAGR) over the past five years. In the more recent three-year period, it achieved a 12.88% CAGR. The scheme's performance has been particularly strong in the shorter term, generating 29.26% and 16.88% returns over the last one year and six months, respectively.